In a statement the company announced plans to aid Jiujiang City’s municipal government in raising money for projects that could transform the middle reaches of the Yangtze River basin into a hub for LNG production, storage and bunkering.
The Hong Kong-quoted parent of Jiangxi Jiangzhou United Shipbuilding Company intends to serve as the “primary initiator” of a development fund that will be used to finance the construction of coastal infrastructure in Jiangxi Province.
China